Equity
€5,000 from €141,274 in 2022
Equity fell by 96% in 3 years.
Advocaat TM
Lifetime
6 annual accounts with figures on one time axispeak €201,624 (2023)
€191,440▲ 3.7%
peak €148,379 (2023)
€143,766▲ 7.3%
peak €141,274 (2022)
€5,000unchanged
€170,118▲ 64.2%
Board1 name since 2019
-
Documentsfilings and deeds
06-03-2026147 days before the deadline
2025micro format
Dividend €143,766Debts from €103,573 to €170,118Investments €7,089Cash from €25,527 to €118,667
Key points
from the 2025 annual accountsTurnover
≈ €340,000 estimated
The micro format states no turnover.
Debts
€170,118 97% of the balance sheet
Suppliers 1%Taxes and wages 15%Other 84%
Investments
€7,089 5.6 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 67 to 147 days before the end of the period.
Position in the sector
2.9%
Lower solvency than 93% of companies in legal and accounting. Sector median 56.9% · 16,409 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as Advocaat TM has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for Advocaat TM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Sint-Andries to Bruges
New registered office: Vogelzangdreef 15, 8200 Brugge (Sint-Michiels) · Previous registered office: Kreupelbos 15, 8200 Sint-Andries, België · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737597007
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 14-11-2019 · Gazette deed
First establishment
Vogelzangdreef 15, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Advocaat TM Bruges | €175,118 | €191,440 | 2.9% | - |
| Stebon Kortrijk | €155,410 | €165,772 | 82.4% | - |
| STEPHANIE CARON - SOCIETE D'AVOCATS Morlanwelz | €187,321 | €196,928 | 43.5% | - |
| Olivier Van den broeke Antwerp | €161,477 | €181,914 | 5.2% | - |
| Société d'avocat Jérôme Clément Verviers | €163,102 | €208,818 | 14.5% | - |
| Peter Teerlinck Etterbeek | €164,968 | €189,867 | 11.7% | - |
| NBJH Uccle | €164,126 | €182,023 | 11.3% | - |
These companies have the same main activity as Advocaat TM: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €155,000 and €187,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 12-11-2019Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.295.519.0548200 Bruges, since 12-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 20-03-2025
Annual accounts 2025
- €175,118▲ 61.3%
- Filing
- Filed on 06-03-2026, 147 days before the end of the filing period
Insights on Advocaat TM
Advocaat TM files the micro format. That format states no turnover. The gross margin rose from €57,579 in 2020 to €191,440 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Advocaat TM
- What is the company number of Advocaat TM?
- The company number of Advocaat TM is 0737.597.007. The VAT number is the same number with BE in front: BE 0737.597.007.
- Where is Advocaat TM based?
- The registered office is at Vogelzangdreef 15, 8200 Bruges.Company details
- What does Advocaat TM do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of Advocaat TM?
- Advocaat TM is a private limited company (BV).
- When was Advocaat TM founded?
- Advocaat TM was founded on 12-11-2019.
- Is Advocaat TM still active?
- Yes, Advocaat TM is an active enterprise in the KBO register.
- What is the turnover of Advocaat TM?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €191,440 and 38 comparable companies (NACE 691). It probably lies between €260,000 and €500,000.Financials
- Is Advocaat TM profitable?
- In financial year 2025, Advocaat TM made a profit of €143,766.
- Where can I find the annual accounts of Advocaat TM?
- Advocaat TM filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Advocaat TM due?
- Advocaat TM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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